Financial Management & Real Options

ISBN-13: 9780471899341 / Angielski / Miękka / 2003 / 456 str.

Jack Broyles; J. E. Broyles

Opis

This concise but well-developed book covers financial management with an international focus. Noted corporate finance specialist Jack Broyles here assists operating managers in attaining the financial objectives of their companies and reporting financial results to owners, creditors, and employees. www.wileyeurope.com/go/broyles

Spis treści

Preface.

PART 1: INTRODUCTION TO FINANCIAL MANAGEMENT.

Financial Management and Corporate Governance.

Fundamental Methods of Financial Analysis.

An Introduction to Corporate Debt and Equity.

Shareholder Value in Efficient Markets.

PART 2: VALUATION OF INVESTMENT AND REAL OPTIONS.

An Introduction to the Appraisal of Capital Projects.

Pitfalls in Project Appraisal.

Further Project Appraisal Methods.

Appraising Projects with Real Options.

Valuing Interrelated Real Options.

Valuation of Companies with Real Options.

Mergers and Acquisitions.

PART 3: FINANCIAL STRUCTURE.

Portfolio Theory and Asset Pricing.

Calculating the Cost of Capital.

Long–term Financing.

Dividend Policy.

Capital Structure.

Lease Finance.

PART 4: SOLVENCY MANAGEMENT.

Financial Planning and Solvency.

Managing Debtor Risk.

Managing Inventory Risk.

Managing Interest and Exchange Rate Risks.

PART 5: INTERNATIONAL INVESTMENT.

Appraising International Capital Projects.

Present Value Tables.

Probability Table.

Index.

O autorze

Jack Broyles is a professional author and formerly held the following positions: Professor of Treasury Management at Cranfield School of Management, Harold Walter Siebens Fellow in Finance at Templeton College Oxford, Senior Lecturer in Finance at Warwick Business School, and Lecturer in Finance at London Business School. Dr Broyles is also co–author with Julian Franks of the highly successful Modern Managerial Finance (published by John Wiley & Sons) and other textbooks. He is a consultant to numerous major companies and banks, and his industry experience includes Planning Manager for a multinational company.

Blurb

Financial Management and Real Options provides comprehensive and up–to–date coverage of financial management. Jack Broyles writing style makes concepts more easily understood and chapters significantly shorter than in comparable financial management textbooks. Accordingly, this book is particularly suitable for students on MBA programmes and for executives.
∗ Covers all main financial management topics in a concise and accessible manner
∗ Demonstrates clearly why correct capital investment decisions require the valuation of relevant real options and provides a pragmatic approach to real options valuation.
∗ Written in a non–mathematical style appealing to MBA students and executives
∗ Includes 185 exercises helping students understand key concepts

Financial Management and Real Options is written for MBA students taking courses in financial management and corporate finance. It is also of great interest to executives needing to improve their knowledge of financial management.

Supplementary materials for lecturers adopting the text is provided on the following web site www.wiley.co.uk/broyles